[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets opened the third quarter with a bang as the S&P 500 and Dow both climbed record highs at closing. The Dow was within 2 points of hitting 17,000 for the first time ever before pulling back slightly. The S&P 500 gained 0.7% to close at an all-time high of 1973.32. …
Halfway Through The Year The S&P Is Up 6%
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Both the Dow and S&P 500 lost ground slightly after flirting with record highs previously. We are now officially halfway through the trading year and the S&P 500 is up 6%, logging 22 record highs along the way. Over the past two months stocks have resumed their upward trajectory after getting off …
ETF/No Load Fund Tracker Newsletter For June 27, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06262014/ ———————————————————— Market Commentary Friday, June 27, 2014 RIDING THE ROLLER COASTER [Chart courtesy of MarketWatch.com] 1. Moving The Markets Today’s reversal from an early sell off pretty much resembled the activity of the past 5 trading days as the chart above shows. While we …
Markets Turn Down After Positive Wednesday
[Chart courtesy of MarketWatch.com] 1. Moving The Markets After the nice boost the markets had yesterday, the blue sky turned grey today as the S&P 500 and Dow both closed lower. Equities seemed to come under pressure today on speculation that Federal Reserve interest rate hikes may come sooner than expected, despite word that income and spending rose as jobless …
Equities Snap Two-Day Losing Streak; Bye Bye Nook Biz
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks snapped a two-day losing streak despite the anticipated news that the economy shrank 2.9% in the first quarter. The S&P 500 gained 0.5%, the Dow rose 0.3% and the Nasdaq posted the largest gain of 0.68%. The general sentiment about the lackluster first quarter mostly relates to the ‘arctic’ winter that …
Indexes Drop Across The Board; Softer Blow For Nasdaq Due To Vertex Announcement
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. indexes fell across the board on Tuesday (see above chart), largely due to drops in blue-chip stocks such as Exxon Mobil (XOM), Verizon (VZ) and American Express (AMEX), which all fell more than 1% on the day. One of the biggest market movers today was Vertex Pharmaceuticals (VFTX). The stock gained …